HOPE

"What oxygen is to the lung, such is hope for the meaning of life."

Friday, July 15, 2011

THE ($4,899,100,310,608.44) REPUBLICAN HYPOCRISY AND OUR NATIONAL DEBT!


EVERY REPUBLICAN IN THE HOUSE OF CONGRESS AND THE SENATE HAVE A SINGLE COMMON DENOMINATOR; “NO INCREASE IN TAXES FOR THE RICHEST 2% OF AMERICANS, EVEN IF OUR COUNTRY GOES TO HELL IN A BASKET, BY THEIR REFUSAL TO RAISE THE DEBT CEILING THAT WOULD CAUSE US FOR THE FIRST TIME TO DEFAULT ON PAYMENTS, WHICH WOULD AFFECT OUR TRIPLE A CREDIT RATINGS AND INCREASE INTEREST RATES FARTHER THAN THE EYES COULD EVER SEE!”

The Republicans agreement to pass the necessary Bill that would allow the Debt Ceiling to be raised is based on tragedy; “President Obama must slash 4 trillion dollars from; Medicaid, Medicare, Social Security, Education and the likes, but these same Republicans refuse to give an inch on the reckless tax cuts they passed in 2001 and 2003 that benefits only 2% of the Richest Americans!” In order for one to feel ashamed they must possess shame, but in this regard, these people are bankrupt of morality, fairness, shame and patriotism!

Facts – Not Hyperbole!

On January 20, 2001 when Bush was sworn into office our National Debt stood at;

Five trillion, seven hundred and twenty seven billion, seven hundred and seventy six million, seven hundred and thirty eight thousand, three hundred and four dollars and sixty four cents; ($5,727,776,738,304.64.)

When Bush left office on January 20, 2009 our National Debt was Ten Trillion, six hundred and twenty six billion, eight hundred and seventy seven million, forty eight thousand, nine hundred and thirteen dollars and eight cents;($10,626,877,048,913.08.)

Under Bush our National Debt expanded, Four trillion, eight hundred and ninety nine billion, one hundred million, three hundred and ten thousand, six hundred and eight dollars and forty four cents; ($4,899,100,310,608.44), which was at a rate of Six hundred and twelve billion, three hundred and eighty seven million, five hundred and thirty eight thousand, eight hundred and twenty six dollars and five cents;($612,387,538,826.05), per annum for eight consecutive years, and in addition, wiped out the five trillion dollars projected surplus left by Bill Clinton.

After all of the outlandish spending by Bush and the Republican cronies, and with an overflowing of “duplicity,” they now pretend to have gained a sense of conscience about “the National Debt.”

And in this regard, they are claiming that the way to reduce the deficit is to “not assist the unemployed,” “allow teachers and other educators to be terminated,” and allow a host of vitally needed services to be cancelled. If you happen to be one of the people that are sucked into this unconscionable shameless “ochlocracy,” then perhaps, in the interest of your children, grandchildren and all of Americas children, please allow pause and allow rationality to create a meditative heart, that would remove the dust from your soul, “so that we can in the not too distant future join in one accord, echoing – “We saved our Country!”

There can be no more "magical thinking". No more tricks of accountancy. No more ignoring the costs of our aging population. This time, when we restore our economy to some semblance of health we need to pay as we go, not borrow as we cross our fingers, but at the moment, borrow we must and we can only do so by lifting the DEBT CEILING!

Sheriff G Ali

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